Q2 2024 was a more subdued quarter than some seen recently, with flat to negative returns in many asset classes. Global markets saw small gains with artificial intelligence again providing a strong lead, although a strengthening Australian dollar clipped returns for unhedged investors.

What can we learn right now from the USA? Ignore the huff and puff in the media. The US President remains just one variable in a constantly changing world. America will survive another presidential election.